Settlements Analyst Resume Sample
Work Experience
- Pre-confirm settlements with internal and external counterparties
- Source and request for SSI setup / amend of clients
- Perform cross border foreign exchange transaction reporting
- Perform matching of statements against ledgers
- Responsible for the effective management and resolution of discrepancies in relation to payments and receipts with clients, including
- TAX Portal Registration/Notification
- Work with QI team to ensure all reporting deadlines are met
- Responsible for reconciling ISO settlement costs to customer invoiced revenues in retail market and report margin for the assigned market
- Maintain market knowledge and stay apprised of regulatory issues pertaining to assigned market
- Provide analysis and supporting documents for all prior period adjustments and other reconciliations as required. Follow through on variances and recommend future action to Supply and Operations
- Coordinate escalated customer invoicing issues in assigned market with 3rd Party billing vendor and sales representatives
- Responsible for knowledge of the Retail Product Catalog and the interpretation of complex retail contracts
- Work with Supply, Operations, IT, and vendors to insure accurate data moves into and out of the settlements and shadow invoicing systems
- Support all the other market’s settlement tasks
- Assist Sales, Billing and other internal groups on inquiries as needed
- Provide all data to FRO for Citi QI reporting
- Maintain all required documents relating to QI reporting
- Work with Tax area to ensure all updated QI requirements are communicated and met
- Process reversals / corrections requested by RM’s
- Continually to develop a deep knowledge of all regulations impacting equity and debt instruments
- Preparation of reversals / corrections Control on future trades that have already been booked (pre-matching)
- Process reversals / corrections
- Check & reconciliation of open items
- Conducting projects and UAT tests related to the unit’s process
Education
Professional Skills
- A natural communicator who has strong verbal and written communication skills including strong presentation skills
- Strong quantitative, data, modeling skills as related to energy pricing structures
- Strong time management skills and the ability to plan and organise to meet set targets
- Excellent organisational skills reuquired
- Strong Microsoft Office skills with the ability to present and analyze data at a high level
- Strong communication and interpersonal skills are required as we interact with many different business areas and technology contacts
- Problem solving and risk management skills
How to write Settlements Analyst Resume
Settlements Analyst role is responsible for excel, microsoft, technology, database, mainframe, design, modeling, software, interpersonal, analytical.
To write great resume for settlements analyst job, your resume must include:
- Your contact information
- Work experience
- Education
- Skill listing
Contact Information For Settlements Analyst Resume
The section contact information is important in your settlements analyst resume. The recruiter has to be able to contact you ASAP if they like to offer you the job. This is why you need to provide your:
- First and last name
- Telephone number
Work Experience in Your Settlements Analyst Resume
The section work experience is an essential part of your settlements analyst resume. It’s the one thing the recruiter really cares about and pays the most attention to.
This section, however, is not just a list of your previous settlements analyst responsibilities. It's meant to present you as a wholesome candidate by showcasing your relevant accomplishments and should be tailored specifically to the particular settlements analyst position you're applying to.
The work experience section should be the detailed summary of your latest 3 or 4 positions.
Representative Settlements Analyst resume experience can include:
- Strong communication skills and team player. Strong organizational skills
- Effective communication – the ability to effectively communicate at all levels using a variety of methods is essential
- Strong written and verbal communication skills both users and technology oriented
- Excellent MS Excel skills - be able to execute sums, averages, min, max, lookups and conditional equations, pivot tables
- Graduate/Post Graduate with good oral and written communication skills
- Continually improve the client experience KPI management to ensure section operates within standards set and improves on these standards
Education on a Settlements Analyst Resume
Make sure to make education a priority on your settlements analyst resume. If you’ve been working for a few years and have a few solid positions to show, put your education after your settlements analyst experience. For example, if you have a Ph.D in Neuroscience and a Master's in the same sphere, just list your Ph.D. Besides the doctorate, Master’s degrees go next, followed by Bachelor’s and finally, Associate’s degree.
Additional details to include:
- School you graduated from
- Major/ minor
- Year of graduation
- Location of school
These are the four additional pieces of information you should mention when listing your education on your resume.
Professional Skills in Settlements Analyst Resume
When listing skills on your settlements analyst resume, remember always to be honest about your level of ability. Include the Skills section after experience.
Present the most important skills in your resume, there's a list of typical settlements analyst skills:
- Excellent computer skills including all Microsoft applications (basic Excel skills), mainframe applications, and web based programs
- Proven analytical skills, problem solving ability, and both a client service and control mentality paired with meticulous attention to detail
- Challenge, and influence effectively, interfacing with staff from all disciplines including remote location
- Exceptional attention to detail and problem solving skills +
- Detail-oriented problem-solving and analytical skills
- Embraces change and willing to learn new skills; a self-starter
List of Typical Experience For a Settlements Analyst Resume
Experience For Senior Settlements Analyst Resume
- Works effectively with managers to set workload priorities and identify areas for process improvement and increased efficiency
- Demonstrates strong technical and business knowledge, identifies and resolves potential issues
- Prioritize workload, multi-task and meet deadlines in a fast-paced environment
- Work experience from areas like custody, investment funds, securities, brokerage and similar
- Experience in Financial Services, preferably Securities Operations
- Operations – experience within an operational environment is essential
- Time Management – Settlements operate in a time sensitive environment, the ability to work to strict deadlines and at pace is essential
- Reporting – preparing various reports (ad hoc as well as regular reports) for a number of stakeholders
- Contacting counterparties to timely resolve billing discrepancies or follow up with past due accounts receivables
Experience For S&D Settlements Analyst Resume
- To following internal procedures relating to ‘Client Money’ and ‘CASS’ to comply with regulations
- Build reporting and alerting requirements
- Confirm pricing and determine billing requirements
- Compare billing systems pricing information with contracts and amendments to ensure accuracy and completeness
- Thorough documentation including, but not limited to, communication with vendors, internal communications, daily working lists, process improvements
Experience For Securities Settlements Analyst Resume
- Review, set-up & testing of new contracts on the billing system
- Proactive monitoring of customer payment status to ensure timely receipt of payments. Manage past due payments, escalating as necessary
- Support the business in matters relating to GST, highlighting problems to the tax department if necessary
- To understand the effects and consequences of down-stream reporting to non-operational areas within RBC such as Corporate Treasury, GRM and Reg Reporting
- Management of cash balances and daily processing of funding
- Gain an in depth understanding of User Acceptance Testing and TLC processes across the T2S community
- To provide transactional processing support for the respective products
- Utilize knowledge in order to deliver quality service and achieve operating efficiency
- Participation in ad-hoc projects and User Acceptance Testing
Experience For Gpc-otc Mo-s&d Settlements Analyst Resume
- Insight into the day to day running of an operation department of a large Financial Institution
- Ensure service levels (SLA’s) are maintained with any new/existing queries
- Constantly be on the lookout for ways to improve monitoring, discover issues and deliver better value to the internal customers
- Develop relationship with partners, working with them to optimize and enhance integration for the achievement of common goals
- Policies and Procedures: Assist in updating procedures and process flow charts
- Ensure timely and accurate settlement of loan trades while working in an open, collaborative environment
- Partner with a team of settlement experts to deliver top notch client service while ensuring exposure risks are appropriately mitigated
- Reconcile and match payments/pay incoming AP invoices
- Educated to ‘A’ level standard and having attained the IOC - Investment Operations Certificate
Experience For Transmission Settlements Analyst Resume
- Cash Management, Treasury Operations, Derivatives, Funding
- Diligent, pro-active and willing to take ownership professionally
- To ensure all Issuance / Paying Agency related tasks and controls are completed
- Global thinking (more than just immediate task or quick solution)
- Build working relationships with key stakeholders to implement the change and enhance the services provided
- Deal booking in system for Structured Products
Experience For Loans Settlements Analyst Resume
- Ensure completeness by matching with Trader emails/blotters
- Market capitalization check in Bloomberg for new trade booking
- Software/systems to be used: Excel, Word, Access, Toad (SQL), Oracle LPSS, nMarket, Siebel
- Acts as a team member with all employees of ENGIE North America staff
- Provide feedback around ways to increase STP and to ensure adherence to audit and control policies
- Ensure adherence to control procedures and bank policies
- Self motivated and able to work under pressure in a dynamic and fast paced environment
- Possesses up to 1 years in back office security settlement functions within a Investment Bank or Wealth Management environment
Experience For Gpc-gb OTC Mo-s&d Settlements Analyst Resume
- The job holder is responsible for managing their own work schedule whilst ensuring that any local project’s they are supporting or are involved in are delivered on time and within budget
- Trops staff at this level is required to handle small country activities end to end while at the same continue time to perform and handle other products in the department as supervisor such as backing up other similar sized countries/derivatives processor or job/securities checker job, and nostro reconciliations
- Check maturity reports for all MM/ LD / FX deals and ensure that payments are generated by the system / prepared manually based on customer’s disposal instructions
- At this level are required to handle small country activities end to end while at the same continue time to perform and handle other products in the department as supervisor such as backing up other similar sized countries/derivatives processor or job/securities checker job, and nostro reconciliations
- Liaise with ADR banks to faciliate conversions in a timely manner reducing risk to BAML as well as the client
- Performs monthly position reconciliation for Securities and Mutual Funds between Bank's holdings vs. Custodian / Fund House holdings, and ensure aggressive investigation and follow up of reconcilement breaks. Aggressive follow-up with Fund Houses for non-receipt of statements
- Ensuring that all deadlines are met and transit’s are placed to ensure timely settlement. All transit opportunities need investigated and satisfactorily resolved and that the reconciliation breaks identified are investigated and resolved
- Initially learning and then continual Development of A and T product knowledge
Experience For Derivatives Settlements Analyst Resume
- Introduction to Citibank/A and T systems
- Request SSI’s in Emotion for New Clients
- Static data maintenance, and the production of management control statistics
- Enhance Agency and Trust knowledge with possible opportunities to progress within the business
- Varied internal and external communication with Transaction Managers, Lawyers, Transfer Agents and Euroclear Bank SA
- Ensure all post settlement breaks are resolved within the required time frame and that the numbers of reconciliation differences are kept within strict tolerances
- Proficiency in Microsoft office with advanced Excel skills (Pivot tables, VLOOKUP, complex IF/THEN statements)
Experience For FX Settlements Analyst Resume
- Prior experience with JD Edwards general ledger system (or similar system)
- 0 – 3 years experience
- Three or more years of investment or finance-related experience
- Functional with Microsoft Windows, and strong with Excel
- A superior listener who has the proven ability to influence and persuade, is organized and articulate
Experience For Cbna ICG & Ot-s&d Settlements Analyst Resume
- Gain knowledge of settlement processes within the business
- Varied internal and external communication with Client Service Representatives/ Product Managers/ international clients
- Be responsible for the correct distribution of faxes/telex’s/future documents and confirmations
- Ensure all post settlement breaks are resolved within the required timeframe and that the numbers of reconciliation differences are kept
- Determine and document business requirements
List of Typical Skills For a Settlements Analyst Resume
Skills For Senior Settlements Analyst Resume
- Evidence of experience in managing self through change
- Development of interpersonal/soft skills through stakeholder management in a matrix organisation
- Having 6-7 years of work experience in Financial and Investment Banking Operations
- Generation of monthly gas billing for large gas customers, incorporating detailed review & checking of data prior to billing
- To ensure awareness of meeting operational deadlines, by completing all task by their given time and prioritising when necessary
- High level proficiency in Microsoft Office with an advanced understanding and experience using Excel
Skills For S&D Settlements Analyst Resume
- Perform netting and margining; understand how ISDA’s operate within the back office
- Opportunity to gain experience working as part of a project within a dynamic changing environment
- Aptitude for building relationships and ability to communicate complex issues to a wide array of internal clients with differing levels of FX experience
- Track record of successfully delivering an excellent level of service as part of a team under challenging circumstances
- Good speaking and writing English knowledge
Skills For Securities Settlements Analyst Resume
- High level understanding and experience with SQL Navigator
- Foster excellent working relationships with internal counterparts
- Exercise strong judgment and make necessary decisions to address issues, ensuring all urgent issues are escalated to management immediately
- Validation and processing for payment weekly & monthly gas & electricity invoices
- Rapidly resolve queries and maintain strong working relationships with internal and external parties
- Very good knowledge of English (in writing and conversation)
- At least five years’ experience in international settlements operations or a similar settlement or funding operations environment
- Good understanding of Investments Products and Private Bank Processes and systems
- Experience in utility, energy, or banking industry
Skills For Gpc-otc Mo-s&d Settlements Analyst Resume
- Experience with financial applications and query tools (e.g. energy trading systems, AP systems)
- Experience in analysing data to draw business-relevant conclusions
- Be organized with strong ability to manage multi-tasking activities
- Work closely by email and phone with various administrators to build strong working relationships. Quickly resolve discrepancies
- Settlements experience – knowledge of Settlements and/or other Securities functions is desirable
- Understand and analyse complex problems and provide effective tactical and strategic solutions
- Experience in energy industry, 2 years
- Experience in ISO-Independent System Operator and/or RTO-Regional Transmission Organization settlements, 2 years
- Actively embody and reinforce a strong service team culture
Skills For Transmission Settlements Analyst Resume
- Good numerate / finance background
- Excellent competency in the use of excel spreadsheets
- Experience in an OTC and exchange trades settlements environment
- Experience gained in high volume settlements environment and client service environment
- Strong communication s kills
Skills For Loans Settlements Analyst Resume
- OTC experience along with reconciliation is an asset
- Recent college graduate or equivalent experience
- Good knowledge of securities/funds administration
- 2-3 yrs of OTC experience along with reconciliation is an asset
- Experience with Loan IQ/ LS2 and Markit settlement platform (Clearpar)
- Experience in FX Operations
- Experience in investment Operations; Preferably in Foreign exchange transactions
Skills For Gpc-gb OTC Mo-s&d Settlements Analyst Resume
- Experience in investment Operations; Preferably in Foreign exchange transactions
- Previous experience in authorisations essential
- CASS experience a distinct advantage
- ADR and Citi FT experience essential
- Self-motivated, a good team player with attention to details and ability to multi-task
- Valid Oregon driver’s license
- Obtain and Validate Usage for Calpine Solutions Customers. (70%)
Skills For Derivatives Settlements Analyst Resume
- Validate completeness and accuracy of large volumes of data to support monthly close
- Previous experience in Business / Systems Analysis is appreciated
- Agreeing and processing high value settlements daily, within currency cut off times for Treasury products
- Billing- Perform invoice and billing reviews that include
- Assuming responsibility as transmission subject matter expert for financial reporting,
- Providing timely oral and written communication through regular status reporting
- Responding to customer settlement queries
- Monitoring real-time bank receipts from counterparties per request from Front Office/Credit teams
- Understanding of the settlement process for internationally traded securities across a broad spectrum of markets
Skills For FX Settlements Analyst Resume
- Completing Post Settlement reconciliations within various Intellimatch environments
- Supporting Risk and Control and Regulatory business requirements
- Working knowledge of DOGS and IOWA
- Matching of Client trade details with counterparty trade details
- Ongoing review of procedures and checklist
- Reconciling counterparty commodity invoices with Energy Trade Management System (ETRM)
- Accounting Support – Provide accrual information and reconciliation of key balance sheet accounts as necessary
Skills For Cbna ICG & Ot-s&d Settlements Analyst Resume
- Understanding of the US energy industry, preferably of deregulated power markets
- Reporting of monthly financial settlements related to PG&E transmission activity at CAISO,
- Analyzing settlement and market data to complete a wide variety of data requests in support of numerous departments within PG&E,
- Participating in special projects as assigned, and
- Identify process and controls improvements by leveraging constantly evolving tools that can be used to build scalability without introducing new risks
- Be responsible for understanding and complying with firm policies and procedures while performing the responsibilities numbered above
- Regulator reporting - Quarterly filing of FERC EQR. Annual filing of FERC 552
- Daily work involving monitoring and responding to a high volume of internal & external email inquiries, as well as a small number of phone inquiries
List of Typical Responsibilities For a Settlements Analyst Resume
Responsibilities For Senior Settlements Analyst Resume
- Understanding of Cash Equity and stock loan business
- Billing - Perform invoice and billing reviews that include
- Process sales and payment transactions utilizing energy trading systems
- Proficient using Microsoft products such as Excel, Word, and Power Point"
- Communicate, on an ongoing basis, with third parties to ensure payments are made/received on a timely basis
- Investigate and resolve discrepancies, ensuring timely resolution of pertinent concerns
- Manage customer accounts; follow up with sensitive and timely issues in a corresponding timely manner
- Execute month end close procedures, accounting journal entries and reconciliation of general ledger accounts on a timely and accurate basis
Responsibilities For S&D Settlements Analyst Resume
- Responsible to track and resolve outstanding payment issues and generate daily/weekly reports related to work completed
- Accuracy in work and meeting defined timeframes
- Highly motivated, driving for results
- Responsible, focused on execution and getting things done
- Be a lead participant on projects and User Acceptance Testing (UAT)
- Generation of wind-farm billing schedules & preparation of monthly wind P&L report
- Preparation and provision of accrual reports to Finance for gas & electricity margin reporting in a timely manner
Responsibilities For Securities Settlements Analyst Resume
- Capabilities in fundamental financial calculations, and settlement accounting
- Implement comprehensive management project plans and hold regular stakeholder meetings to keep all interested parties updated in project progress
- Ensure the compliance of Citi policies
- Systems: Assist IT in directing the flow of data internally and externally ( e.g. meter reads, utilities’ supplier websites; load data) and support system testing efforts to ensure data integrity
- Regulatory Reporting: Maintain data, generate reports and regularly distribute current data to other departments in support of regulatory filings
Responsibilities For Gpc-otc Mo-s&d Settlements Analyst Resume
- Work closely with Cash Management to determine daily cash requirements for settlements
- Perform self-directed work with multiple deadlines in a fast-paced and dynamic environment
- Confirm and settle power, emissions and renewable energy credit purchase and sale transactions
- Interpret and cross reference contract terms and conditions to transaction details
- Serve as a backup for balance open collateral and margin positions with major banks and financial institutions
- Perform increasingly complex queries in energy trading systems in support of rate cases, filings with the Federal Energy Regulatory Commission (FERC) and inquiries from Wholesale and other customers
- Prepare to gain a comprehensive understanding of the FX trade lifecycle and associated cash flows by interacting with trading and sales in addition to middle office, treasury and valuations
- Showcase your attention to detail and ability to manage several tasks at once by ensuring all trade economics and discrepancies are appropriately investigated and resolved, while managing client expectations and potential fail exposure
- Contract Review and Analysis - Reviewing contracts timely to
Responsibilities For Transmission Settlements Analyst Resume
- Identify any non-routine billings or unique agreements and develop processes for systematic reconciliation
- Shadow settlement of ISO/RTO invoices
- Generating customer invoices/remittances for bilateral power, financial swaps, renewable energy credits, transmission, and fuel in accordance with contractual terms
- Reviewing completeness of monthly and other periodic billings
- Creating ad-hoc invoices manually as required
- Communication - Working and communicating with various internal groups to compile and analyze data, including Contract Administration, Front and Middle Offices, Accounting, Financial Reporting, Treasury, Credit, Information Technology (IT) and Legal
- Process Improvements - Acting as a change agent to identify and implement process improvements to promote best practices
Responsibilities For Loans Settlements Analyst Resume
- Personal commitment to integrity, achievement of departmental and business goals, and outstanding customer service
- Provide support in an acting TL capacity to the Section manager
- Process payments and receipts through the company's enterprise billing system
- Audit Support - Interface with auditors to provide information and support as requested
- Motivated, self-directed and results-driven approach to work, also takes ownership of assigned tasks. Integrate into and drive the Talen 2.0 culture
- Complete various authorisations across the team
- Day to day liaison with clients services to ensure all client queries are answered within an acceptable time frame
Responsibilities For Gpc-gb OTC Mo-s&d Settlements Analyst Resume
- Management of Liquidity process for the team
- Daily interaction via email and phone with contra brokers, trade support teams & branch offices
- Use of a variety of systems, both web-based and mainframe in the course of the day
- Manage escalations and solve complex settlement issues
- Independently manage small and medium sized projects ? Ability to multitask in a high volume/fast paced environment
Responsibilities For Derivatives Settlements Analyst Resume
- Learn and understand FINRA, SEC and other Regulatory rules
- Process regulatory payments on a weekly basis as contractually and/or legally obligated
- Work collaboratively with PG&E’s market design teams as a settlements subject matter expert on assigned CAISO market policy proposals
- Work cross-functionally on PG&E’s market implementation project teams to determine impact and define scope of CAISO market implementation efforts
- Utilize CAISO market knowledge and technical skill set to design and execute market simulation activities related to CAISO’s market implementation process
- Maintain highest professional and ethical standards: strong reputation for honesty, professionalism, fair dealing and transparency
- Performs operations related to the settlement of CAISO market transactions
- On a monthly basis, settle a number of third party energy contracts for renewable and gas fired generation
Responsibilities For FX Settlements Analyst Resume
- Provides overall subject matter expertise to team and internal clients by demonstrating strong technical and business knowledge in addition to identifying and resolving potential issues
- Responds to complex data requests
- Works on different assignments simultaneously with very little direction with complete ownership of all tasks
- Generating customer invoices/remittances for bilateral power/fuel, financial swaps, renewable energy credits, transmission, and fuel in accordance with contractual terms
- Provision of cover for confirmations
- Attain an in depth knowledge of SWIFT standards
- Settlements, Confirmation and Reconciliations of all asset classes
Responsibilities For Cbna ICG & Ot-s&d Settlements Analyst Resume
- Primary responsibilities include pre-confirmation and settlement of cash flows related to trading; Cash Products (bonds, equities, MBS, and Repos), Credit Derivatives (Index, Single Name, and Tranches), FX (Swaps, Spot and Forwards) and Equity Derivatives (TRS, Variance Swaps, Dividend Swaps, Correlation Swaps, etc.)
- Liaise with counter-parties, internal fund administrators and contacts (Trading, Operations, Risk)
- Monitor and investigate issues in a number of reconciliations; Daily Cash Statements, Bond Positions, OTC Positions through TriResolve, and Trade reconciliations between trade systems
- Work in an open collaborative and highly charged trading floor environment
- Daily cash projections and investment of overnight cash in money market accounts
- Confident and positive attitude towards work
- Work with the team